Executive Underwriter, Multinational
1 week ago
Chubb serves the property and casualty insurance needs of businesses of all sizes in a broad range of industries. We also provide specialized insurance products-such as personal accident, supplemental health and life insurance-to individuals in select countries. Our reinsurance operations include both property and casualty and life companies.
Details of this critical opening follow:
- Business Development & Agency Management - Utilize and develop personal and business relationships with P&C brokers and agents and producers to produce new account opportunities for the International Division of Chubb.
- Territory Management - Execute on the sales and marketing plan for assigned territory, ensuring that monthly broker and agent calls and stewardship meetings are planned, scheduled and administered in an effective fashion in order to drive new business and retain existing accounts. Responsible for development of assigned book of business.
- Account Targeting - Harvest personal knowledge of sales territory and agent-controlled business as well as existing and historic Chubb business relationships to develop and refine a long-term prospecting and short term target list of new business opportunities
- Quote to Win - Review new business submissions to understand the nature of the Multinational risk as wells as the incumbent's current offering - utilize this analysis to produce and deliver winning quotes
- Service Brokers, Agents and Clients to Grow - Work with brokers and clients to understand and respond to evolving client needs driven by international market expansion and acquisition or through changes in geographic footprint and program structure
- Understand and Manage Risk - Embrace the challenge of producing and underwriting profitable new business opportunities. Nature of operations, deal structure, quality of information, an understanding of US and local country requirements, and Chubb's industry-leading multinational capabilities are all key to putting the right business on the books and growing profitably over time.
Duties may include but are not limited to:
- Solicits new and renewal submissions from brokers and agents
- Determines terms and conditions
- Bind coverage
- Analyze risk
- Documents underwriting files
- Bachelors' degree
- 5 years of Underwriting experience
- Knowledge of insurance industry
- Knowledge of underwriting concepts, practices, and procedures
- We are looking for extraverts that enjoy marketing and selling themselves and a great product to customers
- We are looking for competitive people who want to win
- Outstanding interpersonal skills. Ability to establish trust and effective working relationships with team, field marketing and customer
- Superior communication (oral and written), interpersonal and negotiating skills
- Great technology skills (Microsoft Word, Excel, Outlook) and internet marketing skills are a plus
Qualified candidates must possess a strong understanding of Property and Casualty insurance concepts and products as evidenced by successful experience in the Property and Casualty insurance area, analytical ability to be capable of judging the feasibility of underwriting risks within assigned areas, ability to function in a department which develops several million dollars in premium annually through handling a large volume of small premium accounts, and ability to meet or succeed transaction time standards set by the team manager by adhering to sound time management practices. Multinational insurance experience is preferred.
About Us
Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.
At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
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